Newcastle, Ca Real Estate Statistics Report - September 2011

 

	1 quarter			1 year			6 years
	May 11	Aug 11	% Change	Aug 10	Aug 11	% Change	Aug 05	Aug 11	% Change
For Sale	29	29	0%	28	29	3.6%	27	29	7.4%
New Listing	11	7	-36.4%	7	7	0%	12	7	-41.7%
Sold	4	6	50%	3	6	100%	6	6	0%
Pended	4	10	150%	3	10	233.3%	7	10	42.9%

The number of homes for sale in Newcastle, CA remained steady in August when compared to May of this year, but increased slightly when compared to August of last year.

The number of new listings that were added to to the market in August was lower than the number added in May, but was the same as the number added to the market in August of last year.

As of September 27th, 2011 there are 8 homes listed in Penryn that are short sales in contract awaiting bank approval, compared to 11 on June 27th.

The number of homes that were pending sale in August was much higher than the number of homes pending sale in May and the number that were pending sale in August of last year.

The number of homes that sold in Newcastle, CA in August was higher than the number of homes sold in May of this year and the number sold in August of last year.

To view a list and map of the recent homes that sold in Newcastle, click Newcastle, CA home sales June - August 2011.

To view a current list of the homes for sale in Newcastle, click Homes for Sale in Newcastle, CA.

Newcastle, Ca Average Price Per Square-Foot

 

	1 quarter			1 year			6 years
	May 11	Aug 11	% Change	Aug 10	Aug 11	% Change	Aug 05	Aug 11	% Change
Avg. Sq. Ft. Price	157	159	1.5%	179	159	-10.9%	357	159	-55.5%

The average price per square foot of Newcastle, CA homes was higher in August than it was in May of this year, but was lower than it was in August of last year.

Newcastle, CA Average List Price and Average Sales Price

 

	1 quarter			1 year			6 years
	May 11	Aug 11	% Change	Aug 10	Aug 11	% Change	Aug 05	Aug 11	% Change
Avg. Active Price	541	685	26.6%	633	685	8.2%	1058	685	-35.3%
Avg. Sold Price	359	324	-9.7%	365	324	-11.2%	929	324	-65.1%

The average asking price for Newcastle homes was higher in August than it was in May of this year and August of last year.

The average sales price of Newcastle, CA homes was lower in August than it was in May of this year and August of 2010.

Newcastle, Ca Median Home Sales Price 

 

	1 quarter			1 year			6 years
	May 11	Aug 11	% Change	Aug 10	Aug 11	% Change	Aug 05	Aug 11	% Change
Median Price	335	299	-10.7%	357	299	-16.2%	705	299	-57.6%

The median sales price of homes in Newcastle, CA was lower in August when compared to May of this year and when compared to August of last year.

Newcastle, CA Number of Months of Housing Inventory

 

	1 quarter			1 year			6 years
	May 11	Aug 11	% Change	Aug 10	Aug 11	% Change	Aug 05	Aug 11	% Change
Months of Inventory (Closed Sales)	7.3	4.8	-34.2%	9.3	4.8	-48.4%	4.5	4.8	6.7%

The inventory of homes for sale in Newcastle, when calculated using the number of homes for sale compared to the number of homes that have recently sold, stands at 4.8 months, which is lower than May of this year and August of last year.

Newcastle, CA Average Days on Market and Sales Price to List Price %

 

	1 quarter			1 year			6 years
	May 11	Aug 11	% Change	Aug 10	Aug 11	% Change	Aug 05	Aug 11	% Change
Avg. CDOM	91	50	-45.1%	113	50	-55.8%	0	50	n/a
Sold/List Diff. %	97	95	-2.1%	95	95	0%	97	95	-2.1%

Average consecutive days on market for Newcastle, CA homes sold in August was lower than in May of this year and August of last year.

The average discount negotiated off the list price of Penryn homes was 5% in August compared to a 3% in May and 5% in August of last year.

If you have any questions about the statistics provided in this report, or if you are interested in buying or selling a home in Newcastle, CA, please feel free to call us at 916-728-1981.

*All reports are published September. 2011, based on data available at the end of August. 2011.
All reports and graphs presented  were created by www.TrendGraphix.com and are based on data supplied by the Metrolist MLS. The Metrolist MLS does not guarantee or is not in anyway responsible for its accuracy. Data maintained by the Metrolist MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.